North shore real estate trends

Posted on Aug 12, 2016 in

Home sale trends has received so much attention!

For much of 2013 and 2014 Vancouver's North Shore which includes North Vancouver and West Vancouver, experienced balanced market conditions. This changed in the beginning of 2015 when demand began to surge along with prices.

As you can see in the graph* below residential sales began to shoot up over the next year and a half, culminating an all times monthly sales records in 2016's Spring months:

North Shore home sale activity has shown some moderating signs in late June and this carried into July.

It will be a 'wait and watch' over the next of months to see whether or not this marks the return of more normal residential market trends on the North Shore!

This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy - Listing data updated on December 19, 2018.